Priceline.com stands as one of the most popular, well-known, and financially secure Internet shopping sites and enjoys excellent repeat business. "Name your own price" for airline fares, cars, and hotels has become a reality.
As of July 7, 2016, Priceline maintains an A+ Better Business Bureau rating. Priceline has been a Better Business Bureau accredited business since 1998, other than during a 2000 suspension discussed below.
The Better business Bureau bases Priceline's A+ rating on
Nevertheless, BidOnTravel.com reminds you that
Nearly alone among "dot com" companies, Priceline.com has avoided long-term debt even during the sharp slowdown in travel following 9/11. This stability helps protect your travel investment.
A still generally weak travel environment—in 2015 more U.S. adults out of workforce than ever—and global economic slowdown actually helps Priceline. With more hotel rooms and rental cars available at deeply-discounted prices, a greater percentage of "Name your own price" bids get accepted.
This following report outlines Priceline's 2014 financial condition (opens as pdf. file):
Priceline proves that you can make money with bargain prices, in spite of unstable energy prices and a not yet totally recovered economy.
With its —
Priceline seems well positioned to face traditional fluctuations in travel.
Priceline's rapid growth once it opened to the public in 1998 has not come without significant problems. During Priceline's first two years,
Faced with so many complaints, the board of directors of the Better Business Bureau in Connecticut (where Priceline is based) suspended Priceline.com's membership during September, 2000.
Nevertheless, just two months later the Better Business Bureau board voted to reinstate Priceline.com after finding major changes.
Priceline had quickly —
Perhaps most importantly, Priceline accelerated its transition from the creative "start up" management of its first several years to a management experienced in operating a major business.
As Priceline's Better Business Bureau record shows, you are likely to have a very positive experience today.